16616-16744 Champion Forest Dr - Retail FOR SALE
Spring, TX 77379 |
16616-16744 Champion Forest Dr
Spring, TX 77379
HIGHLIGHTS
- High quality neighborhood center with consistent cash flow offering immediate upside through lease up, coupled with below market rents
- Diverse service-oriented, internet resistant tenant line-up poised to serve the dense surrounding residential trade area
- Located within affluent Champion Forest trade area, a prestigious golf course community with average household incomes exceeding $112,000 (1-mile)
- Easily accessible from both Louetta Rd, a dominant east-west thoroughfare and Champion Forest Drive, with exposure to a combined 52,000 cars per day
- Nine of the Property’s tenants, accounting for over 79,000 sf, have been operating at the Property for over eight years
- Highly trafficked shopping center with over 910,000 annual visitors (per Placer.ai) that consistently pull from beyond a five-mile radius
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
62955
STORIES
1
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
573
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0440420000540
